ISLAMABAD: The federal government has issued another tender for the import of sugar amid rising domestic prices. According to the Trading Corporation of Pakistan (TCP), the tender is for the import of 100,000 metric tons of sugar and is scheduled to be opened on August 11. This move comes just days after the government placed … Read more
ISLAMABAD: The government is planning to set a maximum retail price for sugar at Rs175 per kilogram, following a recent agreement with sugar mill owners that raised the ex-mill price to Rs165 per kg. The Ministry of National Food Security and Research refuted reports claiming that recent negotiations with the Pakistan Sugar Mills Association had … Read more
The government has determined to release taxes on sugar import. Therefore, the overall import of 300,000 metric tonnes of pure crystal white sugar will be spared entirely from withholding tax and sales tax. The government has rejected the withholding tax and 17% sales tax on the entire import of 300,000 metric tonnes of sugar to … Read more
